Nikita Papers Ltd Share Price (NIKITA)

Nikita Papers Limited was originally incorporated as a Private Limited Company with the name Nikita Papers Private Limited pursuant to a Certificate of Incorporation on August 18 1989 issued by the RoC Thereafter it was subsequently converted into a Public Limited Company and upon the conversion the name of the Company finally changed to Nikita Papers Limited vide certified by the RoC dated June 12 2003.Nikita Papers Ltd. is a Nikita Group company engaged in manufacturing of Kraft Paper since 1992 to cater to the Specialty Paper Market in India. In 1991 a manufacturing Unit in the name of Nikita Papers Ltd. was established at Industrial Estate Panipat Road Shamli U.P to manufacture Kraft paper with 30 Tons per Day Capacity. Since then the Company has undergone through many expansion modernizations time to time to maintain its standard and the paper quality of the company in the paper market. At present the installed capacity of the company is approx. 133000 M.T. per annum. The Company changed to recycle pulping from agro pulping in 2013. It installed 2.5 MW Thermal Power Plant in 2016 then after installed a cuttingedge paper machine with a capacity of 85000 MT in 2021 and further installed 1.5 MW Thermal Power Plant in 202122. The Company transformed 50 of fuel usage from biomass to RDF RefuseDerived Fuel in 2023. The Company is proposing the Initial Public Offer of issuing upto 6494400 Fresh Issue Equity Shares..

Listing date: 03 Jun, 2025
Chairperson Name: Sudhir Kumar Bansal